46
46
Mar 25, 2013
03/13
by
CNBC
tv
eye 46
favorite 0
quote 0
steve, thanks for coming by. appreciate it. steve englander from citigroup. there's a lot of speculation. if you are a billionaire in europe and had a lot of money parked in cyprus and maybe cyprus or the euro zone not a smart place to park extra money. maybe that money would come here to the united states or be put in u.s. equities. >> channel, come on, work with me. >> channel? i mean, logically that makes a lot of sense, right? somehow it would find its way in the united states or u.s. equities of some form. i'm not convinced that's exactly what's going to happen. but we'll see. i think to his point, if cyprus is a template for the rest of europe, then that's a little scary. i understand that cyprus is not a big deal. someone mentioned this morning a cyprus is created every month or so in china. so i understand the size of cyprus is not a big deal, but maybe this is a template or this is sort of a precursor to things that makes it rather interesting, i think. >> still to come on "fast," much more on cyprus including how russian dollars could turn the pain
steve, thanks for coming by. appreciate it. steve englander from citigroup. there's a lot of speculation. if you are a billionaire in europe and had a lot of money parked in cyprus and maybe cyprus or the euro zone not a smart place to park extra money. maybe that money would come here to the united states or be put in u.s. equities. >> channel, come on, work with me. >> channel? i mean, logically that makes a lot of sense, right? somehow it would find its way in the united states...
62
62
Mar 22, 2013
03/13
by
CNBC
tv
eye 62
favorite 0
quote 0
as steve points out, 70% of stocks are linked to the s&p. i'm not nearly as enthusiastic about a potential for a rally next week. so, i want to be into something that's not -- does not have the same link to the s&p. amgen is. new all-time high today. >> booikers? >> well, what b.k. thinks is that next week we might get that last rally. one thing the news this week told you is that domestic u.s. is the play to buy. buy iwm, domestic companies in the u.s. >> let's move on here. russia rebuffing cyprus's request for aid. will this derail the rally and will cyprus leave the eu? for more, let's bring in the president and chief investment officer of merck investments. great to speak with you. >> great to be with you. >> we saw a fairly big move in the euro today. i'm wondering what you think is going to unfold next week. >> well, you guys pointed out, bernanke's all that matters. there is somebody on the other side of that trade, the european central bank. the europeans have been mopping up liquidity. the americans, the brits, the japanese, all pr
as steve points out, 70% of stocks are linked to the s&p. i'm not nearly as enthusiastic about a potential for a rally next week. so, i want to be into something that's not -- does not have the same link to the s&p. amgen is. new all-time high today. >> booikers? >> well, what b.k. thinks is that next week we might get that last rally. one thing the news this week told you is that domestic u.s. is the play to buy. buy iwm, domestic companies in the u.s. >> let's move...
15
15
tv
eye 15
favorite 0
quote 0
scott steve. thank you. dog days of. pride days it. takes a common. theme song see it's so true. hold it. hold it close. live on. that speak. to. her. wish. me good. luck. and. come out fine i'm a little. live nation and free accreditation free transport charges free. range men free live free studio tied free live free broadcast plug in video for your media projects and free media dot com you. upload.
scott steve. thank you. dog days of. pride days it. takes a common. theme song see it's so true. hold it. hold it close. live on. that speak. to. her. wish. me good. luck. and. come out fine i'm a little. live nation and free accreditation free transport charges free. range men free live free studio tied free live free broadcast plug in video for your media projects and free media dot com you. upload.
83
83
Mar 18, 2013
03/13
by
FBC
tv
eye 83
favorite 0
quote 0
steve crutchfield, euronext, joins me now. steve, you know, let's talk about you only picked five names. you're offering these mini options. obviously, you're looking to get more trading volume in. how's the reception been so far today? >> the reception has been great, cheryl, and you're right, we focused on five of the most actively-traded names that are interesting particularly to retail investors who may have some of these names in their portfolio; apple, google, amazon, and the s&p 500 and gold etfs. cheryl: you're trading on both options exchanges. >> reception so far has been great, a very solid start. last time i checked about 30 minutes ago it looked industry wide about 14,000 of these options had traded, more than half about 8,000 on our two markets, so a very nice start to the product, and really great opportunities for those retail investors as you were talking about to be able to make use of options against some of those higher-price stock prices to reduce risk. cheryl: and options have become incredibly popular, b
steve crutchfield, euronext, joins me now. steve, you know, let's talk about you only picked five names. you're offering these mini options. obviously, you're looking to get more trading volume in. how's the reception been so far today? >> the reception has been great, cheryl, and you're right, we focused on five of the most actively-traded names that are interesting particularly to retail investors who may have some of these names in their portfolio; apple, google, amazon, and the...
60
60
Mar 20, 2013
03/13
by
CNBC
tv
eye 60
favorite 0
quote 0
looking like some better numbers and i heard some chatter that steve weis bought a whole bunch of tube socks, should help the top line. >> that's a tough visual too. >> it's up about 17%. >> that's deep fundamental research right there. absolutely. i actually still like the dollar stores here. these are a bunch of names i've been short -- i was short earlier in the year and i think it's time to be long them again. >> i presume they're really long tube socks. >> '70s style. >> with a little red, white and blue stripes. >> love it. >> all right, now on to the bad. a day before his dollar tree call made this bear occasion for general mills. >> in their revenue, they had 27% revenue growth in europe. i don't think that's sustainable. phillip morris came out today and talked about how they can't get revenue growth in europe. if you can't sell an addictive product and get revenue growth, there's no way to be able to sell cereals and get revenue growth. >> general mills is up 12%. the company beating earnings today and popping to new all-time highs, in fact. >> you know what i forgot about th
looking like some better numbers and i heard some chatter that steve weis bought a whole bunch of tube socks, should help the top line. >> that's a tough visual too. >> it's up about 17%. >> that's deep fundamental research right there. absolutely. i actually still like the dollar stores here. these are a bunch of names i've been short -- i was short earlier in the year and i think it's time to be long them again. >> i presume they're really long tube socks. >>...
90
90
Mar 22, 2013
03/13
by
CNBC
tv
eye 90
favorite 0
quote 0
steve sedgwick in moscow earlier today. russia's been a big player in this drama but our international correspondent, chief international correspondent michelle caruso-cabrera is in cyprus for us now. michelle? >> reporter: tyler, the situation in cyprus is incredibly unclear and increasingly chaotic. the parliament of this country was supposed to vote ten hours ago to pass a law that would allow them to restructure the banks. we're still waiting. it's unclear if they are going to vote today at all. at the same time we're getting reports that maybe the european union is going to demand even more from this country. hours ago we were told by the leader -- the head of the leading party that they were extremely close to a deal and yet we still wait. the same time it's growing increasingly chaotic in this country's economy because the banks are still closed. they have been closed for seven days now. it looks like they will be closed for at least ten days. that means people running businesses can't do payroll, can't access their
steve sedgwick in moscow earlier today. russia's been a big player in this drama but our international correspondent, chief international correspondent michelle caruso-cabrera is in cyprus for us now. michelle? >> reporter: tyler, the situation in cyprus is incredibly unclear and increasingly chaotic. the parliament of this country was supposed to vote ten hours ago to pass a law that would allow them to restructure the banks. we're still waiting. it's unclear if they are going to vote...
124
124
Mar 18, 2013
03/13
by
CNBC
tv
eye 124
favorite 0
quote 0
steve liesman on his way soon to westchester county. robert, who knows where he's going. what it might mean for russia's rich. >> nondisclosed location. >> tyler, i'm looking at the markets and the commentary coming in to my e-mail. i think knee-jerk contagion is now becoming contagion as some investors doubt that what's going on in cyprus is really raising concerns about the positive insurance worldwide. citi group in a report that just came out, contagion risks are over rated in our view. the risk of bank runs in other euro area countries has clearly risen but the unique features of the cypriot situation should limit the read through to other cases in the euro area. in case you didn't know this, issuing a strong statement the reassure american depositors. while the situation in cyprus is a real concern for the depositors in cypriot's banks, depositors in the u.s. banks are insured. the cyprus debacle is the sort of thing that has kept the fed on age and as gresive stance on monetary policy. fed would increase by 85 billion in additional mortgages because it's already on
steve liesman on his way soon to westchester county. robert, who knows where he's going. what it might mean for russia's rich. >> nondisclosed location. >> tyler, i'm looking at the markets and the commentary coming in to my e-mail. i think knee-jerk contagion is now becoming contagion as some investors doubt that what's going on in cyprus is really raising concerns about the positive insurance worldwide. citi group in a report that just came out, contagion risks are over rated in...
123
123
Mar 19, 2013
03/13
by
KQED
tv
eye 123
favorite 0
quote 0
see you steve. hank greenberg is here. he is chairman and c.e.o. of c.b. starr and company. he was chairman and c.e.o. of american international group, a.i.g., for nearly 40 years. under his leadership a.i.g. became the largest insurance company in the world. its mark value grew from $300 million to $180 billion. he resigned from the company in 2005 amid investigations into an accounting scalp dahl. three years later, a.i.g. received a $182 billion bailout package from the government at the height of the financial crisis. now he is suing the federal government alleging they mistreated stockholders in the course of the bailout. his new book "the a.i.g. story" tells the story of the company's dramatic history. in the interest of full disclosure, c.d. starr foundation was an underwriter of this program in the past and i'm pleased to have hank greenberg back at this table, welcome. >> thank you. the. >> rose: why this book >> several reasons. i thought the facts first of all -- the facts had to come out what really happened. the so-called accounting scandal turned out to be noth
see you steve. hank greenberg is here. he is chairman and c.e.o. of c.b. starr and company. he was chairman and c.e.o. of american international group, a.i.g., for nearly 40 years. under his leadership a.i.g. became the largest insurance company in the world. its mark value grew from $300 million to $180 billion. he resigned from the company in 2005 amid investigations into an accounting scalp dahl. three years later, a.i.g. received a $182 billion bailout package from the government at the...
90
90
Mar 22, 2013
03/13
by
FBC
tv
eye 90
favorite 0
quote 0
what do you think about that, steve? >> you know, i think there are some advantages to having a country like cyprus, actually, repudiate its debt because one of the things i find looking around the world, even in the united states, is that this sovereign debt is treated like it's, you know, completely risk-free and it is not risk-free. there should be a risk premium associated with government debt and if you had a country like cyprus that essentially declared bankruptcy, and renegotiated these debt agreements, that might raise the interest rates of other countries. and that might not be such a bad thing. there would be more money going into private companies and less going into government. >> yeah. >> the other element of this i think is really interesting, there is a big debate whether the e.u. or whether russia will bailout cyprus. melissa: right. >> cyprus, according to recent figures i saw, the russians have about $50 billion invested in cyprus banks. so they have a lot at stake here. even though they seem tt be back
what do you think about that, steve? >> you know, i think there are some advantages to having a country like cyprus, actually, repudiate its debt because one of the things i find looking around the world, even in the united states, is that this sovereign debt is treated like it's, you know, completely risk-free and it is not risk-free. there should be a risk premium associated with government debt and if you had a country like cyprus that essentially declared bankruptcy, and renegotiated...
211
211
Mar 20, 2013
03/13
by
CNBC
tv
eye 211
favorite 0
quote 0
but from that steve to another steve, we're going to go to washington, d.c. where steve liesman joins us now on cyprus with a very special guest. steve? >> yes, thanks, andrew, we're joined by the former governor of the central bank of cyprus and renowned expert on monetary policy. his research, some of it written with former and current members of the u.s. fed. he worked at the fed from 1990 to 2007 now at m.i.t. good morning. >> good morning, steve. >> let's talk about where we are right now. the parliament rejected the bank bailout as proposed by the international institution yesterday. and now the cyprus finance minister is in russia. where do we go from here? >> it's a very difficult situation. but first, let me explain why the rejection of yesterday. i'm going to compare this to u.s. terms. imagine if governments of other states in the united states blackmailed the states of massachusetts where i'm at right now to shut down its financial center because they don't like it. this essentially what the other governments did on friday night to cyprus. and it
but from that steve to another steve, we're going to go to washington, d.c. where steve liesman joins us now on cyprus with a very special guest. steve? >> yes, thanks, andrew, we're joined by the former governor of the central bank of cyprus and renowned expert on monetary policy. his research, some of it written with former and current members of the u.s. fed. he worked at the fed from 1990 to 2007 now at m.i.t. good morning. >> good morning, steve. >> let's talk about where...
438
438
Mar 26, 2013
03/13
by
CNBC
tv
eye 438
favorite 0
quote 0
steve liesman taking a deeper dive into home depot versus lowe's. which retailer you prefer may say more about you than you think. but we can still help you see your big picture. with the fidelity guided portfolio summary, you choose which accounts to track and use fidelity's analytics to spot trends, gain insights, and figure out what you want to do next. all in one place. i'm meredith stoddard and i helped create the fidelity guided portfolio summary. it's one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. >>> welcome back to the "halftime report." the results are in for the cnbc all america economic survey. seems americans are split down the middle when it comes to the home improvement rivals home depot and lowe's. the numbers tell a different story of a nation deeply divided. senior economics reporter steve liesman here to break down the numbers. >> scott, this is a great story. we saved it for you guys at "fast money." polled 800 americans across the country the same way they do
steve liesman taking a deeper dive into home depot versus lowe's. which retailer you prefer may say more about you than you think. but we can still help you see your big picture. with the fidelity guided portfolio summary, you choose which accounts to track and use fidelity's analytics to spot trends, gain insights, and figure out what you want to do next. all in one place. i'm meredith stoddard and i helped create the fidelity guided portfolio summary. it's one more innovative reason serious...
151
151
Mar 26, 2013
03/13
by
CNBC
tv
eye 151
favorite 0
quote 0
steve liesman is back. steve, what can you tell us about this time? >> becky, this is only interesting when stuff changes. stuff changed when it came to americans's attitudes on the sequester. our poll found it very interesting change here. let's look where they were back in november around the election about how to cut the deficit. 3% said do it with tax hikes only. 16% in spending cuts only. very little support for tax hikes only. 12 points up. 55% want a combination. but 12-point drop. what's interesting is it was entirely driven by changes in republicans's attitudes almost entirely. 28% republicans back in march. now it's more like 50% if you look at the current results. a slight change of 6% to 13%. but republicans less inclined in part because there were in fact, tax hikes. 15% unsure. 27% say they expected to have no impact. 40% say it will hurt the economy. do i combine them? just come over here for a second. i get 45%. the question is whether or not president obama is making his case about the danger of sequester. i want to point out zoom in
steve liesman is back. steve, what can you tell us about this time? >> becky, this is only interesting when stuff changes. stuff changed when it came to americans's attitudes on the sequester. our poll found it very interesting change here. let's look where they were back in november around the election about how to cut the deficit. 3% said do it with tax hikes only. 16% in spending cuts only. very little support for tax hikes only. 12 points up. 55% want a combination. but 12-point drop....
111
111
Mar 18, 2013
03/13
by
FBC
tv
eye 111
favorite 0
quote 0
turn to steve cohen. this is interesting case because i would say the street is divided on settlement. $614 million paid by sac capital and one of its affiliates to essentially settle sec charges that the firm, that matthew mart toma and the firm basically considered insiding trading on elon, back in 2008. i'm going to give you a little bit of information which i just found out today. number one, there wasn't like a lot of time for the cohen and sac to respond to a wells notice. that is the official notice that the commission is thinking about charging you. they didn't say and come back here is why you shouldn't charge us. they launched right into settlement negotiations. clearly shows that steve cohen and sac capital wanted to get this matter behind them and behind them fast. the reason is, yes, he wasn't named in the settlement. he said he has done nothing wrong but the feds are still, still trying to make a case against him. it is very serious for steve cohen. here is what we know. they're trying to do
turn to steve cohen. this is interesting case because i would say the street is divided on settlement. $614 million paid by sac capital and one of its affiliates to essentially settle sec charges that the firm, that matthew mart toma and the firm basically considered insiding trading on elon, back in 2008. i'm going to give you a little bit of information which i just found out today. number one, there wasn't like a lot of time for the cohen and sac to respond to a wells notice. that is the...
153
153
Mar 20, 2013
03/13
by
CNBC
tv
eye 153
favorite 0
quote 0
steve liesman is live from washington straight ahead. with fidelity's new options platform, we've completely integrated every step of the process, making it easier to try filters and strategies... to get a list of equity options... evaluate them with our p&l calculator... and execute faster with our more intuitive trade ticket. i'm greg stevens and i helped create fidelity's options platform. it's one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. >> >> sam is upping is holding an event to unveil its products. tim baxter, president of samsung electronics america. good to have you with us. >> certainly a lot of changes have gone on with the tv in the living room. at this point what are the big products you're unveiling and why should consumers care about these products? >> the big things we're focused on is injecting more excitement and wow into the television experience. there's been a great deal of that in smartphones and tablets. so what we're introducing is a new line
steve liesman is live from washington straight ahead. with fidelity's new options platform, we've completely integrated every step of the process, making it easier to try filters and strategies... to get a list of equity options... evaluate them with our p&l calculator... and execute faster with our more intuitive trade ticket. i'm greg stevens and i helped create fidelity's options platform. it's one more innovative reason serious investors are choosing fidelity. now get 200 free trades...
175
175
Mar 18, 2013
03/13
by
CNBC
tv
eye 175
favorite 0
quote 0
post steve jobs there is concern. it is a small entrepreneurial company that focuses on pnc insurance base. that is 30-year-old software. guidewire is right there. this is a business with less than $200 million in recurring revenues. their win rates are very, very high. well over 50%. so we see the pathway to at least a billion dollars of recurring revenue to be very achievable. >> and also gartner. >> information technology is increasingly strategic for all organizations. the pace of change is accelerating. you probably hair things of cloud computing and mobile and social and big data. and gartner is helping their customers deal with those changes. it sells under $30,000. it has a budget of at least a million dollars. what we really like is they are very much in the early stage of their opportunities. they have a little bit less than 9,000 customers a day. over 100,000 of 10 million or more. >> would you play google in outline of this? you're not doing some other big tech names but that seems like a name that keeps g
post steve jobs there is concern. it is a small entrepreneurial company that focuses on pnc insurance base. that is 30-year-old software. guidewire is right there. this is a business with less than $200 million in recurring revenues. their win rates are very, very high. well over 50%. so we see the pathway to at least a billion dollars of recurring revenue to be very achievable. >> and also gartner. >> information technology is increasingly strategic for all organizations. the pace...
127
127
Mar 21, 2013
03/13
by
CNBC
tv
eye 127
favorite 0
quote 0
steve sedgwick is standing by with the latest from there. but first our own michelle crew c caruso-cabrera is live in cyprus. >> reporter: the situation here grows increasingly desperate. they're down to the wire. cyprus government has to make a decision about what they're going to do. look at the lines that have started to form at nearly every atm of the bank here in cyprus, this liky is considered one of the weakest. they're still able to get money out of the atms in cyprus though banks have been closed all week and won't reopen until tuesday at the earliest. people in line are quite frightened because they know that this is the weakest bank and there had been rumors about it. it is likely to be part of any consolidation effort is that ultimately is what happened. that's every single day likely to be the case. listen to what one man said. he's been taking out money every single day. >> i just took $1,000. i've been taking $1,000 every day. personally i'm taking this money and cash with me to the uk tonight. >> because? >> because we don't
steve sedgwick is standing by with the latest from there. but first our own michelle crew c caruso-cabrera is live in cyprus. >> reporter: the situation here grows increasingly desperate. they're down to the wire. cyprus government has to make a decision about what they're going to do. look at the lines that have started to form at nearly every atm of the bank here in cyprus, this liky is considered one of the weakest. they're still able to get money out of the atms in cyprus though banks...
225
225
Mar 25, 2013
03/13
by
CNBC
tv
eye 225
favorite 0
quote 1
it you in the biggest worry to me is the effect of this whole union of the think banking commit pep steve liesman was talking about it this morning and i think he's right. there will be people slowly moving deposits out of the higher risk countries and maybe into the u.s. and the uk, as well. here's what to look for. april 4th and that's the ecb meeting. watch what mario draghi has to say about that and that he'll make liquidity more available to banks. remember those ltros that they did about a year ago. don't be surprised that they dragged those things out again and everybody was talking about the weak top line growth. there is the company that has to be the envy for everybody looking for top line growth. their projected sales for 2014 and 10% to 12% increase and take out all of the new stores and same-store sales growth, 4% to 6% and those are really good numbers and that stock's up today sitting at a six-month high and i want to see a big welcome to people on the floor and we have ice traders on the floor and intercontinental exchange and they have 40 new traders in the blue room and
it you in the biggest worry to me is the effect of this whole union of the think banking commit pep steve liesman was talking about it this morning and i think he's right. there will be people slowly moving deposits out of the higher risk countries and maybe into the u.s. and the uk, as well. here's what to look for. april 4th and that's the ecb meeting. watch what mario draghi has to say about that and that he'll make liquidity more available to banks. remember those ltros that they did about...
134
134
Mar 18, 2013
03/13
by
CNBC
tv
eye 134
favorite 0
quote 0
steve jobs only gave you one product and he told you you'd like it and you did. tod today, unfortunately, a lot of consumers may want a bigger phone and a new phone and apple is not giving you the breadth and the product line that a lot of us would like. i don't know if you call that dusty or not, but what i would say is you don't have a lot of choice. when the iphone first came out it was the only thing out there that could do what it did. today, i would argue samsung makes a better phone and the good thing about an cell they have a great ecosystem in i tunes. i have over 1,000 songs and books and movies in there so that kind of keeps me locked in so i'm probably not going to be able to move to a samsung phone, but in emerging market countries where you're buying your first phone, don't forget, apple's total share of the handset business is 8%. so the other 92% that have other phones, you know, they may move to samsung and apple may lose out on those future sales and that's -- whether it's a dusty phone or not, i don't know, but i don't think it's the best phone
steve jobs only gave you one product and he told you you'd like it and you did. tod today, unfortunately, a lot of consumers may want a bigger phone and a new phone and apple is not giving you the breadth and the product line that a lot of us would like. i don't know if you call that dusty or not, but what i would say is you don't have a lot of choice. when the iphone first came out it was the only thing out there that could do what it did. today, i would argue samsung makes a better phone and...
238
238
Mar 26, 2013
03/13
by
CNBC
tv
eye 238
favorite 0
quote 1
steve liesman will lay it all out for us. plus, forget s&p 1565. 1760 is the next stop so 12%, 13% from where we are here now and it could happen, they say, faster than you think. we're back in two. >>> let's get to steve liesman who has the results of the all-america survey. i know you're talking about gold bugs this morning. >> we asked a question a year ago and we recycled it for the economic survey and we asked 800 americans, and we asked them quite simply what is the best investment? back in march 2012 and now a year later, let's see what they say. i'll tell you what the answer is not. it's not corporate bonds, it's not bonds and savings accounts. that's like less than 10 for any of them. how about stocks? that went up a little bit, 21%. real estate went up 27% and gold, still the number one choice of americans when asked to choose among these investments. down a little bit, up a little bit in real estate, up a little bit in stocks, but gold is still a pretty good winner statistically. let's move on and take a look at wh
steve liesman will lay it all out for us. plus, forget s&p 1565. 1760 is the next stop so 12%, 13% from where we are here now and it could happen, they say, faster than you think. we're back in two. >>> let's get to steve liesman who has the results of the all-america survey. i know you're talking about gold bugs this morning. >> we asked a question a year ago and we recycled it for the economic survey and we asked 800 americans, and we asked them quite simply what is the...
75
75
Mar 25, 2013
03/13
by
FBC
tv
eye 75
favorite 0
quote 0
he caught matthew martoma which may lead to steve cohen, sac former fund manager trading on alleged insider information on elon. expert period of time network guy giving him the information. he was looking at the capital whole another time before the financial crisis because he thought they were cherry picking. looked like certain of segna's hedge fund clients obviously they got a tip along those lines. they were getting benefits. others weren't. when was raj. whether they looked at trading went on the trading looked suspicious. ahead of deals. sort of the stuff in this indictment. they looked at raj's trading too. that is when they really, that's when they really started to bear down. that is what led to raj rajaratnam, fascinating that the brother who started the whole thing who got raj, bigger brother in trouble is now six years later now being --. ashley: he is not off the hook. >> not off the hook. pleading not guilty. his brother did as well. we'll see what ha hoops. ashley: great stuff, charlie gasparino. >> follow that line of reasoning. hopefully makes for a great book. tracy: will
he caught matthew martoma which may lead to steve cohen, sac former fund manager trading on alleged insider information on elon. expert period of time network guy giving him the information. he was looking at the capital whole another time before the financial crisis because he thought they were cherry picking. looked like certain of segna's hedge fund clients obviously they got a tip along those lines. they were getting benefits. others weren't. when was raj. whether they looked at trading...
84
84
Mar 25, 2013
03/13
by
CNBC
tv
eye 84
favorite 0
quote 0
joining us now to talk about that more, steve leisman. >> it is argued that the world is not really in the middle of a currency war. and he distinguished between the colonel policies and the tariffs of the 1930s. large policies are designed to enhance domestic demand. these policies are not beg thy neighbor but enrich thy neighbor. says those nations benefit from growth in developed nations. >> he is saying i am not worried about policies of japan which have had an ifect. >> steve, thank you very much. >> sue, down to you. >> thank you. for investors trying to play a rise in interest rates, there is a focus on a tiny corner. of the income market called the floating rate debt. and how your money could be impacted. >> they are flocking to this so-called floating rate. investors poured $1.4 billions into these funds. companies are issuing near record levels of this floating rate debt to meet the demand and investors are asking for it. so let's say a company issues a billion dollar bond. that's on top of a three-month libor which is 29 basis points. that is above 1%. investors will get big
joining us now to talk about that more, steve leisman. >> it is argued that the world is not really in the middle of a currency war. and he distinguished between the colonel policies and the tariffs of the 1930s. large policies are designed to enhance domestic demand. these policies are not beg thy neighbor but enrich thy neighbor. says those nations benefit from growth in developed nations. >> he is saying i am not worried about policies of japan which have had an ifect. >>...
522
522
Mar 18, 2013
03/13
by
CNBC
tv
eye 522
favorite 0
quote 0
steven water from russell investments, steve sacks. steve liesman is with us. and then there's that guy santelli who joins us daily as well. dr. wood, are we making too much of this? over the weekend we were all convinced that the markets were going to be slammed today. they were in asia overnight. then things allayed. what happened? >> i think the market's assessing the size versus what it represents. what we have in cyprus right now is the rule of law being brought into question. can rules about depository insurance change over the course of a weekend? i think the size of cyprus right now, what it represents directly is not a threat. we're assessing. but if this is contained in some broader bailout oriented scheme, i think it could be something weathered by the markets. that said, the rule of law being brought into question is not a good thing. >> steve sacks, are you seeing a reaction in some of the european etfs out there? or are you seeing the same kind of money mentality going into exchange traded funds? what are you seeing out there? >> maria, it's reall
steven water from russell investments, steve sacks. steve liesman is with us. and then there's that guy santelli who joins us daily as well. dr. wood, are we making too much of this? over the weekend we were all convinced that the markets were going to be slammed today. they were in asia overnight. then things allayed. what happened? >> i think the market's assessing the size versus what it represents. what we have in cyprus right now is the rule of law being brought into question. can...
113
113
Mar 19, 2013
03/13
by
CNBC
tv
eye 113
favorite 0
quote 0
unemployment rate stuck at 8%. >> steve forbes, judd gregg, steve bernstein. thanks for watching everybody. i'm kudlow. we'll be back tomorrow evening. clients are always learning more
unemployment rate stuck at 8%. >> steve forbes, judd gregg, steve bernstein. thanks for watching everybody. i'm kudlow. we'll be back tomorrow evening. clients are always learning more
184
184
Mar 20, 2013
03/13
by
CNBC
tv
eye 184
favorite 0
quote 0
steve is on the line. what carolyn is saying about the time frame with banks in cyprus underscores the urgency for cyprus to reach a deal with russians or someone. how likely do you think they come away with meetings with putin saying we got the debt relief we wanted? >> we have to remember the big deadline for cyprus is the 3rd of june when they have to pay back an international bond of 1.5 euros. the eurozone will blink and give cyprus the money. the key phrase i heard is from steve there. the european commission, the palace structures in western europe they don't want a bloody nose from moscow. the reality is that moscow is heavily involved in the bailout of western europe in recent years. we all now know about the loan that cyprus was given of $2.5 billion in 2011. we had negotiation winot that lg ago. russia is involved. it will be involved. this country has $500 billion of reserve. third biggest reserves in the world. it has 10% of gdp as total sovereign debt. it's completely natural culturally that
steve is on the line. what carolyn is saying about the time frame with banks in cyprus underscores the urgency for cyprus to reach a deal with russians or someone. how likely do you think they come away with meetings with putin saying we got the debt relief we wanted? >> we have to remember the big deadline for cyprus is the 3rd of june when they have to pay back an international bond of 1.5 euros. the eurozone will blink and give cyprus the money. the key phrase i heard is from steve...
635
635
Mar 20, 2013
03/13
by
CNBC
tv
eye 635
favorite 0
quote 0
let me talk to steve liesman here. steve, he was asked about the effect of a bubble and whether or not there is a bubble in this stock market. what struck you from bernanke today? >> reporter: what struck me, i think there was a really important piece of news here, maria, and it has to do with the creation, essentially, of a second litmus test for quantitative easing and the chairman talked not once, but twice about the issue of perhaps adjusting the quantitative easing amounts to go along with improvement in the labor market. and we had a kind of vague definition before of why they would bring it down. now we have an even bigger one as to why they might taper it down. i don't know if we have the sound, but i think it's pretty significant sound that the market ought to think about as to when the fed might begin to taper its quantitative easing purchases. >> we are seeing improvement. i think one thing we would need is to make sure that this is not a temporary improvement. so we've seen periods before, where we had as m
let me talk to steve liesman here. steve, he was asked about the effect of a bubble and whether or not there is a bubble in this stock market. what struck you from bernanke today? >> reporter: what struck me, i think there was a really important piece of news here, maria, and it has to do with the creation, essentially, of a second litmus test for quantitative easing and the chairman talked not once, but twice about the issue of perhaps adjusting the quantitative easing amounts to go...
186
186
Mar 20, 2013
03/13
by
CNBC
tv
eye 186
favorite 0
quote 1
steve is live in moscow. steve? >> reporter: maybe. maybe, tyler. maybe there will be money from russia, but maybe russia is playing a canny game here and it's going to wait and see what happens. the russians have enormous skin in the game. i mean, the bilateral trade and bilateral money transfers in 2011 according to moody's between russia and cyprus and back and forth was a quarter of a trillion dollars. the russians hold around about $30 billion plus in the bank accounts here in cyprus, so you can see the kind of money we're talking about. the rugs have got enormous business activities. it's kind of like an offshore financial senscenter for the russians? certainly they want to see they get their money back. a lot of assets are held by the likes of vtb, one of the big russian banks with $13 billion in assets according to some estimates in banks in cyprus. secondly, maybe they're going to extract something like a naval base. many have talked about the aspirations of the russians in that part of the mediterranean. and cyprus has offshore gas rights
steve is live in moscow. steve? >> reporter: maybe. maybe, tyler. maybe there will be money from russia, but maybe russia is playing a canny game here and it's going to wait and see what happens. the russians have enormous skin in the game. i mean, the bilateral trade and bilateral money transfers in 2011 according to moody's between russia and cyprus and back and forth was a quarter of a trillion dollars. the russians hold around about $30 billion plus in the bank accounts here in...
252
252
Mar 20, 2013
03/13
by
FOXNEWSW
tv
eye 252
favorite 0
quote 0
steve? >> steve: meanwhile, blame it on the sequester or not. more than 2,000 jailed illegals have been released from prison since the middle of february. yesterday congress sought some answers from the director of ice. >> what is a level 1 violator? >> a level 1 -- first, i obviously disagree with your characterization about these -- >> that's fine. you can use your time to disagree. don't use mine. what is a level 1 violator? >> with regard to level 1 offenders, they are aggravated felons. >> how many were released? >> there are four presently. >> how many were released? >> steve: eventually they revealed there were ten released. so did congressman goudie get the answers he was looking for? he joins us now from washington, d.c congressman, good morning to you. >> good morning. how are you? >> steve: doing okay. although i'm a little disturbed at one of the things that director morton said yesterday was that they didn't actually have to release 2200 illegals, did they? >> no, they did not. they could have made what we call a programmatic reques
steve? >> steve: meanwhile, blame it on the sequester or not. more than 2,000 jailed illegals have been released from prison since the middle of february. yesterday congress sought some answers from the director of ice. >> what is a level 1 violator? >> a level 1 -- first, i obviously disagree with your characterization about these -- >> that's fine. you can use your time to disagree. don't use mine. what is a level 1 violator? >> with regard to level 1 offenders,...
321
321
Mar 21, 2013
03/13
by
FOXNEWSW
tv
eye 321
favorite 0
quote 0
>>steve: thank you. >>alisyn: anna kooiman's thirst for honesty in america takes her to south carolina. >> we toured the country with a system called bungee tags. they are decals with a security code you place on all your valuables. it is linked to your cell phone and e-mail address. if somebody finds your valuable item you can get matched up with them. let's look at how honest charleston, south carolina, is. the bungee team landed in the lovely charleston, california, as we continue our search for honesty in america. let the dropping begin. i dropped an ipod next to a bike. this young girl eyes it. after snagging it, we trail her about ten minutes walking into a coffee shop and back out again. when you saw that and saw you could return it to the owner by texting this number, i see your cell phone right here and i saw you texting. how come you didn't text that? it takes two seconds. >> i was waiting for someone to meet me here and was preoccupied. >> this gentleman in blue spotted my wallet and turned it
>>steve: thank you. >>alisyn: anna kooiman's thirst for honesty in america takes her to south carolina. >> we toured the country with a system called bungee tags. they are decals with a security code you place on all your valuables. it is linked to your cell phone and e-mail address. if somebody finds your valuable item you can get matched up with them. let's look at how honest charleston, south carolina, is. the bungee team landed in the lovely charleston, california, as we...
80
80
Mar 18, 2013
03/13
by
MSNBCW
tv
eye 80
favorite 0
quote 0
steve carell's flopped with just $10 million, one of the worst days ever for the comedian. >>> anderson cooper was honored this weekend and celebrated by planting a big, awkward kiss on madonna. the material girl presented the award to cooper dressed as a boy scout in protest of the organization's ban on gay members. that was clumsy. >>> finally, the "forbes" list of most influential celeb rights is out. steven spielberg, ron howard, and george lucas. the number one went to none other than oprah winfrey. there was a lot of talk about her channel not doing so well at first but it's grown steadily, up. >> she changed the strategy. >> changed a little bit, still big books. >>> we want to tell you about a new addition to the family. veranda de la cruz gave bird to a beautiful baby boy. veronica tells us she and baby hart are doing just great. "way too early" starts right now. >>> they talk about rebranding the gop. instead of restoring the trust of the american people. we're not here to rebrand the party. we're here to rebuild a country. we're not here to dedicate ourselves to new talking p
steve carell's flopped with just $10 million, one of the worst days ever for the comedian. >>> anderson cooper was honored this weekend and celebrated by planting a big, awkward kiss on madonna. the material girl presented the award to cooper dressed as a boy scout in protest of the organization's ban on gay members. that was clumsy. >>> finally, the "forbes" list of most influential celeb rights is out. steven spielberg, ron howard, and george lucas. the number one...
109
109
Mar 21, 2013
03/13
by
KPIX
tv
eye 109
favorite 0
quote 0
since ktvu meteorologist steve paulson said winter set a record. an anemic snow pack. >> it's not good. >> reporter: nonetheless the state's bilge central and northern california reservoirs are very near or over seasonal averages thanks to snows a yearing a. >> we've had great rain last year and runoff. we came into the season really full. >> reporter: even with concerns of climate change, how did winter temperatures do? >> they've been running below average for some. i know you have to take into account january and december thing have come back in february and march. slightly below to near average. >>> the first day of spring signals nicer days ahead. >> april showers bring may flowers. so it makes sense. >> reporter: consumer psychologist says that old tradition of spring sales is a tradition because it works. liz taylor owner of tootsie's agrees. >> i think people want more color. other things. open toes. they're tired of dreary clothes. >> reporter: so it is, the first day of spring when night and day are of equal length and the days grow longe
since ktvu meteorologist steve paulson said winter set a record. an anemic snow pack. >> it's not good. >> reporter: nonetheless the state's bilge central and northern california reservoirs are very near or over seasonal averages thanks to snows a yearing a. >> we've had great rain last year and runoff. we came into the season really full. >> reporter: even with concerns of climate change, how did winter temperatures do? >> they've been running below average for...
40
40
Mar 21, 2013
03/13
by
CNBC
tv
eye 40
favorite 0
quote 0
thank you very much, jack and steve. and by the way, we're sitting around session thrlows. >>> over to josh for a quick "market flash." >> check out dell inching into the red today. our andrew ross sorkin reporting that sentiment in new orleans that it is unlikely blackstone will make a bid for dell. separately, dow jones is reporting that blackstone and general electric's lending arm has discussed jointly pursuing dell's financial services business which offers loans to corporate customers and consumers. blackstone has until midnight on friday to make a final decision on dell. back to you guys. >> josh, thank you very much. >>> quickly before we tease what's coming up next, we want to ask you this. and i put out on twitter, mandy did as well. what do you think? is cyprus, "a," a huge lehman-like black swan event? two, relevant but not dooming, or three, insignificant noise? >> we've already got great answers in. and please do keep on tweeting us. >>> on deck, it's like those richard scarry books. with all that's going o
thank you very much, jack and steve. and by the way, we're sitting around session thrlows. >>> over to josh for a quick "market flash." >> check out dell inching into the red today. our andrew ross sorkin reporting that sentiment in new orleans that it is unlikely blackstone will make a bid for dell. separately, dow jones is reporting that blackstone and general electric's lending arm has discussed jointly pursuing dell's financial services business which offers loans...
135
135
Mar 22, 2013
03/13
by
CNBC
tv
eye 135
favorite 0
quote 0
steve sedgwick is calling in on the line from moscow. steve, russia is happy to stand pat while cyprus try toes come up with a solution. >> what we're going to get is an announcement from the european commission and the russian federation. this is looking at a whole host of longer term issue between the european union and is russia. the relationship needs a reboost after disagreements over syria, over trade, over the wto, over human rights and now, of course, most aggressively of cyprus, as well. what i'm fascinated to see -- and i'm in the lockdown, as well, i mention inside the reception house of the russian federation, i'm in a lockdown ahead of that press conference between mr. barroso and mr. medvedev. i want to see how that reboot looks. is it a reboot in name only or is it meaningful? they would prove that it's meaningful by including a solution to the cyprus crisis, including not only the troika, but the russian federation. that's is where mr. medvedev saying russian interests should have been thought about. mr. barroso saying no
steve sedgwick is calling in on the line from moscow. steve, russia is happy to stand pat while cyprus try toes come up with a solution. >> what we're going to get is an announcement from the european commission and the russian federation. this is looking at a whole host of longer term issue between the european union and is russia. the relationship needs a reboost after disagreements over syria, over trade, over the wto, over human rights and now, of course, most aggressively of cyprus,...
252
252
Mar 24, 2013
03/13
by
KGO
tv
eye 252
favorite 0
quote 0
steve osunsami on the story tonight. >> reporter: as divorces go, this one is humongous. it could split control of america's fastest growing oil company. and could lead to a record-breaking paycheck for the wife who says her husband cheated. >> this is going to be watched on main street as well as wall street and possibly internationally. because of the numbers involved. >> reporter: harold hamm is the husband in the dog house. number 35 on the forbes list of richest americans. worth $11 billion. a self-made man who started in the business scrubbing out the inside of oil barrels 50 years ago. >> and there was a lot of oil people around. i had never been around people like that. >> you wanted to be like that? >> i wanted to be like them. >> reporter: sue ann hamm is his wife of 25 years. on the table is his 68% stake in continental resources. the company she helped him build. >> the wife was a lawyer and economist. that's a bad combination for him. >> reporter: without a prenup, this becomes the biggest war of the roses ever. nearly twice the $1.7 billion settlement of the
steve osunsami on the story tonight. >> reporter: as divorces go, this one is humongous. it could split control of america's fastest growing oil company. and could lead to a record-breaking paycheck for the wife who says her husband cheated. >> this is going to be watched on main street as well as wall street and possibly internationally. because of the numbers involved. >> reporter: harold hamm is the husband in the dog house. number 35 on the forbes list of richest...
85
85
Mar 19, 2013
03/13
by
CNBC
tv
eye 85
favorite 0
quote 0
steve liesman has more details on that. hi, steve. >> thanks very much, sue. we're here with the growth forecast from our 54 respondents. first i'll show you what the gdp -- i guess we're going to do the recession here first. you can see back in september 2011, when we're dealing with debt ceiling, the probability of recession by this group, 36%, fell to a low of 19% around the winter of 2012. remember when everything was being looking good, it dipped down again. the probability of recession went up again. now it's fallen again for the second straight month. 2011, 17.6%. not quite off the charts because we still have room here but it's the lowest that we've seen since we began asking this question. i don't know if we have the growth forecast chart here, guys, if we can go back to that. here are the actuals. year over year gdp, 2.6, 1.8, lackluster and picking up to a lackluster not great 2.6%. i want to share with you some views of the economy from our 54 respo respondents. firming housing prices are a game changer. there is something much more self-feeding ab
steve liesman has more details on that. hi, steve. >> thanks very much, sue. we're here with the growth forecast from our 54 respondents. first i'll show you what the gdp -- i guess we're going to do the recession here first. you can see back in september 2011, when we're dealing with debt ceiling, the probability of recession by this group, 36%, fell to a low of 19% around the winter of 2012. remember when everything was being looking good, it dipped down again. the probability of...
109
109
Mar 20, 2013
03/13
by
KTVU
tv
eye 109
favorite 0
quote 0
steve says it won't stay dry for long in some areas. we'll bring steve in for just a
steve says it won't stay dry for long in some areas. we'll bring steve in for just a
127
127
Mar 20, 2013
03/13
by
KPIX
tv
eye 127
favorite 0
quote 0
steve says it won't stay dry for long in some areas. we'll bring steve in for just a moment. this is a look at the commute. it also looks good on 101 and if you are driving on the peninsula. it's busier than usual. now, let's bring in steve. >>> we still have some rain, santa cruz mountains. there's still some bans going through. temperatures on the cooler side. clearing tonight and mostly sunny warmer weather comes back friday and saturday and probably sunday as well. >> thank you, steve. >>> that's our report for this morning. wee tough for -- we thank you for choosing channel 2 news. >> be sure to join us for the noon news with more on that bethel island fire we've been following all morning. we're always here on twitter. thank you for joining us. have a great day. if you like shrimp then you're going to love sizzler's shrimp combos starting at just $9.99! four kinds of shrimp seasoned just right and served in three new combinations. at sizzler! the rule is whenever i get something new, i have to get rid of something. shop like a fashionista. today i got these amazing desi
steve says it won't stay dry for long in some areas. we'll bring steve in for just a moment. this is a look at the commute. it also looks good on 101 and if you are driving on the peninsula. it's busier than usual. now, let's bring in steve. >>> we still have some rain, santa cruz mountains. there's still some bans going through. temperatures on the cooler side. clearing tonight and mostly sunny warmer weather comes back friday and saturday and probably sunday as well. >> thank...
34
34
Mar 24, 2013
03/13
by
MSNBCW
tv
eye 34
favorite 0
quote 0
., steve satello, a professional chauffeur, is on his way to work. at the corner of burbank boulevard and vesper avenue, he notices a beauty stopped at the light ahead of him. a 1932 ford victoria like this one. >> whoever owned that car put a lot of money into it because it looked really nice. >> he pulls up to take a closer look, just as a car races past him in the other lane. >> the car that was next to me was just not slowing down, and hit the back of this car without braking, and hit it really hard, and it just exploded and caused a big ball of fire. >> amazingly, the occupants of the car that rear-ended the vintage ford are only slightly injured, but the driver of the antique car is out cold and trapped in flames. >> i figured he was going to probably be unconscious or hurt pretty badly, so i immediately parked and got out and ran towards his car. >> the force of the crash has pushed the burning car all the way through the intersection. when steve reaches the car, he realizes the situation is worse than he thought. >> i think upon impact, his s
., steve satello, a professional chauffeur, is on his way to work. at the corner of burbank boulevard and vesper avenue, he notices a beauty stopped at the light ahead of him. a 1932 ford victoria like this one. >> whoever owned that car put a lot of money into it because it looked really nice. >> he pulls up to take a closer look, just as a car races past him in the other lane. >> the car that was next to me was just not slowing down, and hit the back of this car without...
147
147
Mar 19, 2013
03/13
by
CNBC
tv
eye 147
favorite 0
quote 0
steve steve liesman is here. >> when is the fed expected to stop buying assets. let's look at the first chart. what was expected in january was for the fed to purchase $858 billion in assets. it works out to 76 billion a month, which is below the $85 billion level. i think there's a reason for that that we will show you in a second. the next thing i want to show you is this elaborate thing we created, the fed timeline. and i want to show you how the key points of what is expected from the federal reserve has changed. let's start with when qe is expected to stop. that's moved from here down to here. so they have pushed it ahead from november all the way to may. how about the next thing. when they are to stop tapering purchases. it's gone from december to january. these two things have been pushed ahead. the fed's timeline has been expected. how about fed fund hikes and selling assets. the exit strategy is all the way out here into the first quarter of 2015. first, selling assets has come back a little bit. i have to say there's other data we have showing there's n
steve steve liesman is here. >> when is the fed expected to stop buying assets. let's look at the first chart. what was expected in january was for the fed to purchase $858 billion in assets. it works out to 76 billion a month, which is below the $85 billion level. i think there's a reason for that that we will show you in a second. the next thing i want to show you is this elaborate thing we created, the fed timeline. and i want to show you how the key points of what is expected from the...
202
202
Mar 22, 2013
03/13
by
CNBC
tv
eye 202
favorite 0
quote 0
steve liesman is with us. steve, we will start with you. i think you have something teed up for us. >> i want to talk about the federal reserve. we know what happened wednesday and what to look for next week. the first thing is the fed chairman is getting more flack from his right or the hawkish side. and there was a rise in dissent. i don't know that specifically. >> louder or more people? >> i think there's more dissent and more people. or the people making noises before are a little bit louder where he had to concede something with them. did he concede anything meaningful. there were two concessions on wednesday. the first was a line in the statement about kind of the cost section. the second was in his press conference he said not once but twice that the fed will vary purchases with economic data and as results come in. that speaks if it's not the sold old guys. there's more to it than that to the point where they had to make some form of concession. now, did he really concede? i think he's biding for time. let the data come out. >> we'
steve liesman is with us. steve, we will start with you. i think you have something teed up for us. >> i want to talk about the federal reserve. we know what happened wednesday and what to look for next week. the first thing is the fed chairman is getting more flack from his right or the hawkish side. and there was a rise in dissent. i don't know that specifically. >> louder or more people? >> i think there's more dissent and more people. or the people making noises before are...
100
100
Mar 26, 2013
03/13
by
FOXNEWSW
tv
eye 100
favorite 0
quote 0
cooper got away with it, but remember steve irwin and the stingray, do not mess around with mother nature. that's it for us. check out the factor website which is different. and spout off anywhere in the world. oreilly@foxnews.com, name and town. if you wish to opine. when writing to us, no pala vchvpalaver that's a sat word. and i'm sorry for the frog must have having a good time. and the spin stops here and we're definitely looking out for you. >> . >> welcome to "hannity" tonight. now that president obama has returned to the tour, limiting your second amendment rights. in a minute i'll be joined by the always outspoken ann coulter and learned that prime minister is hitting the road to tout his anti-gun agenda and this is what he said. >> as a nation, the last three months have changed us. they forced us to answer difficult questions about what we can do, what we must do to prevent the kind of mass considers we've seen in newtown, in aurora, and oak creek, as well as the every day tragedies that happen too often in big cities and small towns across america. today there's genuine disagre
cooper got away with it, but remember steve irwin and the stingray, do not mess around with mother nature. that's it for us. check out the factor website which is different. and spout off anywhere in the world. oreilly@foxnews.com, name and town. if you wish to opine. when writing to us, no pala vchvpalaver that's a sat word. and i'm sorry for the frog must have having a good time. and the spin stops here and we're definitely looking out for you. >> . >> welcome to...
89
89
Mar 20, 2013
03/13
by
KICU
tv
eye 89
favorite 0
quote 0
it has been praised by people like steve forbes and the coo of auto nation. all right bill, it's a matter of, you say, internal and external things. let's begin with some of the internal points. > > when you think about the internal, you've got to think of leadership right away. the owner's leadership job is to make the environment possible for success for his employees. in other words, if he is making goals or making objectives, he or she has really got to make sure they have the tools and the training to make those goals achievable. the other thing that is important in this is that processes operate the business, and it's the people who operate the processes. and why that is important is because over time - six months, a year - the market changes, your customer demands change, your business changes; and you have to have processes and procedures that keep up with that change, so they have to be constantly updated, worked on, and reviewed. > another key point you talk about is keeping the motivation level high for your employees. let's talk about some of the
it has been praised by people like steve forbes and the coo of auto nation. all right bill, it's a matter of, you say, internal and external things. let's begin with some of the internal points. > > when you think about the internal, you've got to think of leadership right away. the owner's leadership job is to make the environment possible for success for his employees. in other words, if he is making goals or making objectives, he or she has really got to make sure they have the tools...
125
125
Mar 21, 2013
03/13
by
CNBC
tv
eye 125
favorite 0
quote 0
back to you. >> i think you're probably right, steve. thank you very much. >>> well, all of this, of course, has the people of cyprus extremely upset. they have taken to the streets protesting in front of parliament. and that is where we find our michelle caruso-cabrera. she's following the story from the cyprus standpoint. michelle? >> reporter: yes, hi there, sue. about 100 meters that way or where you see all the prote protesters, they gathered a couple hours ago. they learned that the bank is going to be shut down, one of the two insolvent banks here in cyprus, one of the measures they're going to likely have to take in order to secure a bailout. behind me is the parliament. inside we understand that they are going to pass a law that gives the central bank the right to shut down banks in this country. they didn't have the right to do that before. if you don't understand a lot about banking or bailouts, this is very simple. if you shut down a bad bank, you save a lot of money. if you try to save a bad bank, it costs a lot of money. yo
back to you. >> i think you're probably right, steve. thank you very much. >>> well, all of this, of course, has the people of cyprus extremely upset. they have taken to the streets protesting in front of parliament. and that is where we find our michelle caruso-cabrera. she's following the story from the cyprus standpoint. michelle? >> reporter: yes, hi there, sue. about 100 meters that way or where you see all the prote protesters, they gathered a couple hours ago. they...
176
176
Mar 19, 2013
03/13
by
FBC
tv
eye 176
favorite 0
quote 1
that's, that's why this case is very hard to make against steve cohen. lori: charlie gasparino, thank you. charlie breaks it. melissa: as we do every 15 minutes. let's check the markets with nicole petallides on floor of the no,. you're watching -- of the new york stock exchange. you're talking about lululemon. >> everything they make is expensive and good and regardless how expensive they are they had a problem that the pants are sheer. while they said they had the same manufacturer and same fabric the problem is they will have a pants shortage. they will be replacing pants of those who are complaining. the stock is down about 5%. this is going to cut both their sales going forward and their growth estimates going forward. so as you see there, it says it will have significant impact on their results. back to you. melissa: nicole, thanks so much. lori: russell wasendorf,, sr. bilked investors out of $200 million. it was a 20-year scheme run through pfg business. some of the most valuable items today are up for auction in in an attempt to recover some of
that's, that's why this case is very hard to make against steve cohen. lori: charlie gasparino, thank you. charlie breaks it. melissa: as we do every 15 minutes. let's check the markets with nicole petallides on floor of the no,. you're watching -- of the new york stock exchange. you're talking about lululemon. >> everything they make is expensive and good and regardless how expensive they are they had a problem that the pants are sheer. while they said they had the same manufacturer and...
20
20
tv
eye 20
favorite 0
quote 0
it's fifty billion dollars we know steve kroft so we're not quite sure what's coming through our governance of the states not sure exactly what it will lead to what terms of lending more ice but it's i think we can see this in political terms at least it's been a rival to say but well it's going to be a sort of a similar size and magnitude certainly and i think it's going to be focused mainly on lending to to the developed the story of the developing world. particularly to talk for now and of course some of that mending rashmi just replace what's actually already going to take place for the chinese to. be better has gone from china incidents are up again so some of the months are to the stage i think it's probably best to say that this is probably more political development than the next one. developments in practice i suspect that when the eye gets off the ground what led to these starts it won't be for a few years and what it does. worry about now anyway what about egypt president morsi he's expected to be in durban and putting for a place in the brics group is that realistic is the count
it's fifty billion dollars we know steve kroft so we're not quite sure what's coming through our governance of the states not sure exactly what it will lead to what terms of lending more ice but it's i think we can see this in political terms at least it's been a rival to say but well it's going to be a sort of a similar size and magnitude certainly and i think it's going to be focused mainly on lending to to the developed the story of the developing world. particularly to talk for now and of...
158
158
Mar 21, 2013
03/13
by
CNBC
tv
eye 158
favorite 0
quote 0
. >> steve, thanks very much for that. any deal with russia may be premature certainly isn't going to calm things in cyprus. this morning, the european central bank in a statement has said in order to continue its emergency liquidity systems past monday the 25th, cyprus has to have a bailout in place. any prospect of that? >> well, that adds a sense of urgency to the situation. timing is really crucial here. and now with this ultimatum from the ecb, the cypriot banks are hoping that a deal can be found as soon as possible. because what they've been relying on over the last couple of days and weeks is that eoa assistance from the ecb. that, kelly, is the main reason why they have been able to stay solve solvent. but i want to come back to a point that steve brought up this morning. but would one bailout deal even be enough? 5.8 billion euros don't seem enough when the banks do reopen next tuesday and we're likely going to see big depositit outflows. one economist i talked to this morning said to me, what's really likely at
. >> steve, thanks very much for that. any deal with russia may be premature certainly isn't going to calm things in cyprus. this morning, the european central bank in a statement has said in order to continue its emergency liquidity systems past monday the 25th, cyprus has to have a bailout in place. any prospect of that? >> well, that adds a sense of urgency to the situation. timing is really crucial here. and now with this ultimatum from the ecb, the cypriot banks are hoping that...
129
129
Mar 26, 2013
03/13
by
CNBC
tv
eye 129
favorite 0
quote 0
joining us is steve allen, m&a practice leader. thanks for coming in. >> thank you. >> it's interesting because we seem to be reporting on more deals, we just announced three there. what are the figures, though, saying? >> well, there are deals happening, but fundamentally in this quarter, significantly less. we're down this quarter compared to about 370 last quarter. so it is dropping off. i think it's interesting, you're getting a lot of noise in the media about some of the big deals which are very interesting. certain sort of deals are happening. but generally, if you look across the board, across the world, there's fewer of them happening. and the big hits. the americans prove the deals major. europe is a notable one. we didn't have the spike there. last quarter you had the big uptick in northern america. that simply didn't happen in europe. europe is continuing to be unsurprisingly slow. >> and we had this sort of spike in the fourth quarter. it has in the u.s. why hasn't that followed through? >> the reasons some of these dea
joining us is steve allen, m&a practice leader. thanks for coming in. >> thank you. >> it's interesting because we seem to be reporting on more deals, we just announced three there. what are the figures, though, saying? >> well, there are deals happening, but fundamentally in this quarter, significantly less. we're down this quarter compared to about 370 last quarter. so it is dropping off. i think it's interesting, you're getting a lot of noise in the media about some of...
20
20
tv
eye 20
favorite 0
quote 0
national coalition has decisively rejected the resignation of its president was all county but not steve was just months off he was elected. as the details in his statement was said that he was stepping down because some matters have to quote him reached a red line it's not he hasn't explained exactly what prompted his resignation but he did say that he was designing to be able to work with freedom that cannot be available from official institutions keep in mind that her tip was someone that both russia and the united states and look to as a person that they could negotiate with on the future of syria back in favor you had to admit with the russian foreign minister sergei lavrov following his claim that the syrian opposition was ready to negotiate with syrian president bashar assad it is important to remember that this was the first time ever that the syrian opposition talked about the possibility of taking a side. although later backtracked by saying that he was willing to talk about the departure of assad with his vice president and his government but not with the syrian president assa
national coalition has decisively rejected the resignation of its president was all county but not steve was just months off he was elected. as the details in his statement was said that he was stepping down because some matters have to quote him reached a red line it's not he hasn't explained exactly what prompted his resignation but he did say that he was designing to be able to work with freedom that cannot be available from official institutions keep in mind that her tip was someone that...